The Market Yesterday
EGP / USD CBE market average: Buy 17.84 | Sell 17.94
EGP / USD at CIB: Buy 17.85 | Sell 17.95
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Monday): 15,297 (-0.5%)
Turnover: EGP 529 mn (42% below the 90-day average)
EGX 30 year-to-date: +1.9%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.5%. CIB, the index heaviest constituent ended up 0.7%. EGX30’s top performing constituents were Egypt Aluminum up 5.5%, CIB up 0.7%, and Elsewedy Electric up 0.4%. Yesterday’s worst performing stocks were Porto Group down 4.4%, Egyptian Resorts down 4.3%, and Amer Group down 3.6%. The market turnover was EGP 529 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +41.5 mn
Regional: Net Short | EGP -17.3 mn
Domestic: Net Short | EGP -24.1 mn
Retail: 59.2% of total trades | 58.2% of buyers | 60.2% of sellers
Institutions: 40.8% of total trades | 41.8% of buyers | 39.8% of sellers
Foreign: 28.4% of total | 32.4% of buyers | 24.5% of sellers
Regional: 5.1% of total | 3.5% of buyers | 6.8% of sellers
Domestic: 66.4% of total | 64.2% of buyers | 68.7% of sellers
WTI: USD 70.12 (-0.01%)
Brent: USD 74.94 (-0.04%)
Natural Gas (Nymex, futures prices) USD 2.80 MMBtu, (-0.07%, September 2018 contract)
Gold: USD 1,299.70 / troy ounce (-0.15%)
TASI: 8,309.37 (+0.02%) (YTD: +14.99%)
ADX: 4,846.25 (+0.29%) (YTD: +10.18%)
DFM: 2,965.51 (+0.81%) (YTD: -12.00%)
KSE Premier Market: 5,363.92 (-0.46%)
QE: 9,651.77 (+0.22%) (YTD: +13.24%)
MSM: 4,320.46 (-0.41%) (YTD: -15.27%)
BB: 1,370.50 (+0.07%) (YTD: +2.91%)